Costs of groceries soar in Anchorage

Posted: Wednesday, April 30, 2008

ANCHORAGE - Grocery shoppers in Anchorage are suffering from sticker shock.

It's evident at the Carrs grocery stores, where a loaf of bread can cost $4.50.

It was obvious at the Costco on the east side of the city, where fears over the availability of rice and price increases nearly caused a small stampede Monday morning. Four pallets of rice vanished in less than 15 minutes.

After years of remaining stable, food prices in Anchorage are up.

The University of Alaska Fairbanks said it appears that food for an Anchorage family of four shot up 10 percent in the first three months of this year.

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